Not sure what a "bundle" would be, but if you can get your front sight off (i.e. you don't have a permanently attached muzzle device) you could remove your free float tube and replace it with a C-More Scout rail. Last time I looked, [url]www.fultonarmory.com[/url] had them for $125, or they have a modular rail float tube for $79 without any rails, with a 4" rail costing an additional $20...
OR, if you're really handy with a drill press, you could drill and tap your existing float tube and install the rail yourself.
And one last thought... As long as the locking nut on the front is still on the rail, and as long as you have one cross bolt in a rail slot, I would think that it should be sturdy enough hanging slightly off the front. Then again, if the ARMS bumps the sight only slightly, yet still stands all the way up, and it still works... I wouldn't think it should hurt anything. Bumping into the sight will be just as repeatable as bumping into the "stop" on the ARMS...